CurrencyXchanger software supports Bitcoin rates

 What are cryptocurrencies?

Put simply, cryptocurrencies are digital assets – but what does that mean exactly?

Some are finding it a little difficult to understand – but the simplest way of putting it, is that it allows transactions to take place over the internet, in a secure format, without the need for a central authority or any banks.

By analogy it is like sending a golden coin through email and only the intended recipient will be able to accept this payment.

It promises security, anonymity, and ease of use. Decentralized cryptocurrency is produced by the whole cryptocurrency system communally, at a rate which is well-defined when the system is fashioned and which is openly known.

What is a Bitcoin and how can I use it?

Bitcoin

Bitcoin is a cryptocurrency – conceivably the first one of its kind. Since the Bitcoin, various other cryptocurrencies have cropped up, known as altcoins.

Bitcoin practices peer-to-peer technology to function with no fundamental authority or bank being involved, so it is said to be a cheaper alternative as it cuts out middlemen. The handling, dealing, and the supply of bitcoins is agreed cooperatively, by the network.

Therefore, it is a consensus network that allows a new payment system and a totally digital type of money. As Bitcoin was the first practical implementation, it is widely used and it is currently, the most prominent triple entry bookkeeping system at present.

As of December 2016, CurrencyXchanger supports Bitcoin and other cryptocurrency rate updatesBitcoin

Current innovations in cryptocurrency such as Bitcoin, and others are just the beginning for this technology that can help renovate many industries. There is plenty of opportunity in this space and we’ve taken this on board for 2017.

CurrencyXchanger can now update Bitcoin rates using the BTC or XBT codes.  Many large companies worldwide are increasingly accepting Bitcoins.

For more information on how you can purchase our comprehensive currency software, feel free to contact us about how your business can benefit from our popular currency exchange software.

 

SAIMA OMAR

 

 

 

MORREX Inc. Launches Canadian Virtual Currency Exchange Services

MORREX Inc., announced the launch of its virtual currency exchange services that will deal with primarily Canadian dollars becoming the first company in Quebec to offer virtual currency exchange services.

Earlier today in Sherbrooke, Quebec, Canada, MORREX Inc., announced the launch of its virtual currency exchange services that will deal with primarily Canadian dollars becoming the first company in Quebec to offer virtual currency exchange services. MORREX Inc. provides a secure, robust and reliable platform where members can buy or sell Bitcoins, Litecoins and Feathercoins, making it easier to exchange Canadian dollars into virtual currency and vice versa.

Virtual Currencies

Since the creation of the Bitcoin in 2009, virtual currencies have facilitated currency transfers through the Internet and its extensive network of computers. Each transaction must be confirmed by at least 6 computers in the network. The virtual currency can then be used to make online purchases at those merchants that accept it as currency.

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